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Technology Stocks : All About Sun Microsystems
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To: prakash who wrote (6961)1/16/1998 6:54:00 PM
From: Bald Eagle  Read Replies (1) of 64865
 
Prakash, I did exactly the same thing. I read somewhere that 90% of option expire worthless, but the first call I sold will be exercised!
In fact, probably the first two. I sold XON Jan 60 covered calls as well. XON closed at 60 5/8.
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